Oracle wants to power a new gigawatt data center with three small nuclear reactors – and it’s not the only big hyperscaler eyeing nuclear to meet surging AI energy demands

Oracle wants to power a new gigawatt data center with three small nuclear reactors – and it’s not the only big hyperscaler eyeing nuclear to meet surging AI energy demands

Oracle is set to power a new data center with upwards of 1 gigawatt (GW) capacity through nuclear energy, according to the firm’s CTO Larry Ellison. Speaking during a recent earnings call, Ellison confirmed the cloud computing giant has… Article Source https://www.itpro.com/infrastructure/data-centres/oracle-wants-to-power-a-new-gigawatt-data-center-with-three-small-nuclear-reactors-and-its-not-the-only-big-hyperscaler-eyeing-nuclear-to-meet-surging-ai-energy-demands

Why Nutanix Stock Was Surging Today | The Motley Fool

Why Nutanix Stock Was Surging Today | The Motley Fool

Shares of the hybrid cloud specialist jumped on a strong earnings report. Shares of Nutanix (NTNX 19.70%) were moving higher today after the hyper-converged infrastructure specialist (HCI) posted better-than-expected results in its fiscal fourth-quarter earnings report. Investors responded positively to the news, sending the stock up 20.4% as of 12:53 p.m. ET. Image source: Getty … Read more

Why Nutanix Stock Was Surging Today

Why Nutanix Stock Was Surging Today

Shares of Nutanix (NASDAQ: NTNX) were moving higher today after the hyper-converged infrastructure specialist (HCI) posted better-than-expected results in its fiscal fourth-quarter earnings report. Investors responded positively to the news, sending the stock up 20.4% as of 12:53 p.m. ET. Image source: Getty Images. Nutanix bounces back Following a disappointing earnings report in the fiscal … Read more

Implied Volatility Surging for Nutanix (NTNX) Stock Options

Implied Volatility Surging for Nutanix (NTNX) Stock Options

Investors in Nutanix, Inc. NTNX need to pay close attention to the stock based on moves in the options market lately. That is because the Jan. 17, 2025 $20 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is … Read more

Despite Nvidia’s Market Cap Plunge, AI Crypto Tokens Are Surging

Despite Nvidia’s Market Cap Plunge, AI Crypto Tokens Are Surging

AI-related crypto tokens have been on the rise in the past week, despite a significant drop in market capitalization for Nvidia, a key player in the AI ​​space. Nvidia’s market cap plummeted by nearly 13% to $2.91 trillion, down from its all-time high of $3.34 trillion, mainly due to concerns about massive stock sales by … Read more

Is it too late to buy Broadcom stock as shares hit record high on surging revenue and stock split announcement?

Is it too late to buy Broadcom stock as shares hit record high on surging revenue and stock split announcement?

Broadcom (NASDAQ:AVGO) has seen a significant increase in its stock prices following the announcement of higher revenue in the chipmaker’s fiscal second quarter and the decision to carry out a stock split. The company’s shares have more than doubled in value in the last year. In the second quarter of fiscal year 2024, which ended … Read more

Is it Too Late to Buy Broadcom Stock as Shares Reach Record High on Surging Revenue and Stock Split Announcement?

Is it Too Late to Buy Broadcom Stock as Shares Reach Record High on Surging Revenue and Stock Split Announcement?

Broadcom’s stock prices have reached record levels due to strong revenue growth in the second quarter of fiscal 2024, with a significant increase in AI-related revenue. The company’s revenue rose 43% year over year to $12.5 billion, with AI revenue increasing by 280% to $3.1 billion. However, there were declines in server storage and broadband … Read more

What You Should Know About Broadcom’s Surging Stock Price

What You Should Know About Broadcom’s Surging Stock Price

Broadcom Inc. shares saw a significant increase on Monday afternoon following the release of the company’s second quarter financial results. The company exceeded expectations with an earnings per share of $10.96 and revenue of $12,487 million, surpassing estimates. Additionally, Broadcom announced a 10-for-1 forward stock split, making its shares more accessible to a wider range … Read more

Nvidia’s Surging Stock briefly surpasses Apple’s $3 trillion market cap, propelling Wall Street towards new highs

Nvidia’s Surging Stock briefly surpasses Apple’s  trillion market cap, propelling Wall Street towards new highs

Wall Street reached record highs as the frenzy surrounding artificial intelligence technology continued to boost stocks, with NVIDIA leading the way. The S&P 500 and Nasdaq hit all-time highs, fueled by strong earnings reports from technology companies such as Hewlett Packard. NVIDIA’s market value surpassed $3 trillion for the first time as their chips drove … Read more